Positive outlook for the shopfittings and display industry confirmed by latest survey

The latest survey by the Shop and Display Equipment Association (SDEA) reveals that its members’ sales are on the up! The association reveals that 54.2 per cent of respondents registered an increase in sales over the last six months compared with the same period the previous year. A further 33.3 per cent reported that sales had remained level.

 

Asked to quantify the growth in sales, the companies reported increases averaging 22.6 per cent.

 

Favourable results were also forecast for the next twelve months with 70.8 per cent of those surveyed expecting sales to increase and a further 20.8 per cent anticipating maintaining similar sales levels. The average growth in sales is expected to be 23.8 per cent.

 

SDEA director, Lawrence Cutler says, “These are very encouraging figures. Our survey indicates a renewed energy within the shopfittings and display market, which has been building for some time. It is a testimony to the tenacity of established retail display suppliers who have shown again and again that investment in retail interiors can bring an immediate payback”.

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